More independent trustees needed; Interserve shuts pension scheme to more staff; Shares rally reduces deficits in final salary pension schemes; BT pension managers target distressed debt
More independent trustees needed Financial Times Letter: Letter regarding the article "FTSE 100 pension schemes fall to record deficit" which appeared in the FT on August 5. The article called for companies...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Jonathan Stapleton speaks to Punter Southall Governance Services director of outsourced pension services Clare Owen about the firm's latest reseach into the effectiveness of trustee boards.